The undersigned, THE ONE GROUP, LLC, a Delaware limited liability company (the "Grantor"), is obligated to HERALD NATIONAL BANK (the "Secured Party") under the Credit Agreement, dated as of October 31, 2011 (as heretofore amended and as it may be futher amended, restated, supplemented or otherwise modified from time to time), by and among the Grantor, One 29 Park Management, LLC, STK-LAS Vegas, LLC, STK Atlanta, LLC, CA Aldwych Limited, HIP Hospitality Limited, STK Chicago LLC, STK-LA, LLC, STK Miami, LLC, STK Miami Service, LLC, STK Midtown Holdings, LLC, STK Midtown, LLC, STK Orlando LLC, T.O.G. (Aldwych) Limited, T.O.G. (UK) Limited, TOG Biscayne, LLC, WSATOG (Miami) LLC and STK Westwood, LLC, (collectively, the "Borrowers"), and the Secured Party, and pursuant to which the Borrowers have entered into a certain Third Amended and Restated Security Agreement, dated as of October 31, 2014 (as amended, restated, supplemented or otherwise modified from time to time, the "Security Agreement"), by and among the Borrowers and the Secured Party.

Pursuant to the Security Agreement, the Grantor has granted to the Secured Party a security interest in and to all of the present and future right, title and interest of the Grantor in and to the trademarks listed on Schedule 1, which trademarks are registered in the United States Patent and Trademark Office (the "Trademarks"), together with the goodwill of the business symbolized by the Trademarks and the applications and registrations thereof, and all proceeds thereof, including, without limitation, any and all causes of action which may exist by reason of infringement thereof (the "Collateral"), to secure the prompt payment, performance and observance of the Obligations (as defined in the Security Agreement).

For good and valuable consideration, the receipt of which is hereby acknowledged, and for the purpose of recording the grant of the security interest as aforesaid, the Grantor does hereby further grant to the Secured Party a security interest in the Collateral to secure the prompt payment, performance and observance of the Obligations.

The Grantor does hereby further acknowledge and affirm that the rights and remedies of the Secured Party with respect to the security interest in the Collateral made and granted hereby are set forth in the Security Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein.

The Secured Party's address is: 623 Fifth Avenue, New York, New York 10022.

[Signature Page to Follow]

IN WITNESS WHEREOF, the Grantor has caused this Grant of Security Interest (Trademarks) to be duly executed by its duly authorized officer as of the date first set forth above.

THE ONE GROUP, LLC

By: /s/ Samuel Goldfinger

Name: Samuel Goldfinger

Title: Chief Financial Officer

Signature Page to Grant of Security Interest (Trademarks)

STATE OF NEW YORK )

) ss.:

COUNTY OF NEW YORK )

On the 31st day of October in the year 2014 before me, the undersigned, personally appeared Samuel Goldfinger, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument.

_/s/ Sonia Low___________________

Notary Public

My Commission Expires:

_September 22, 2018________

Schedule 1

to

Grant of Security Interest (Trademarks)

by The ONE Group, LLC

Dated as of October 31, 2014

Service Marks and Trademarks of THE ONE GROUP, LLC

Revised: 10/29/2014

UNITED STATES

PGC NO.

MARK

APPLICATION/

REGISTRATION NO.

APPLICANT/

REGISTRANT

(CLASS) GOODS

AND/OR

SERVICES

STATUS

484-006

THE ONE NEW YORK

SN: 78/528,391 Filed 12/7/04

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/05.

Still suspended as of 5/19/14, despite submission of Segal Aff’d 2/15/14

484-007

THE ONE NEW ORLEANS

SN: 78/528,405 Filed 12/7/04

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/05.

Still suspended as of 5/19/14, despite submission of Segal Aff’d 2/15/14

484-008

THE ONE LAS VEGAS

SN:78/528,408 Filed 12/7/04

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/05.

Still suspended as of 5/19/14, despite submission of Segal Aff’d 2/15/14

PGC NO.

MARK

APPLICATION/

REGISTRATION NO.

APPLICANT/

REGISTRANT

(CLASS) GOODS

AND/OR

SERVICES

STATUS

916-053

(previously 484-009)

SN: 78/528,416 Filed 12/7/04

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Notice of Allowance: 5/20/14

SOU or Ext. due:

11/20/14

484-010

THE ONE LOS ANGELES

SN: 78/528,424 Filed 12/7/04

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/05.

Still suspended as of 5/19/14, despite submission of Segal Aff’d 2/15/14

484-011

THE ONE GROUP

SN: 78/528,430 filed 12/7/04

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/05.

Still suspended as of 3/06/14, despite submission of Segal Aff’d 2/15/14

484-018

THE ONE MIAMI

SN:78/663,799 Filed 7/5/05

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/07 (still suspended as of 4/9/13)

2/15

PGC NO.

MARK

APPLICATION/

REGISTRATION NO.

APPLICANT/

REGISTRANT

(CLASS) GOODS

AND/OR

SERVICES

STATUS

484-019

THE ONE ATLANTIC CITY

SN:78/663,803 Filed 7/5/05

THE ONE GROUP, LLC

(Class 43) restaurants, cafes, bar services, cocktail lounges.

Suspended on 7/27/05.

Still suspended as of 4/23/14, despite submission of Segal Aff’d 2/15/14

(Class 35) Arranging and conducting special events for business purposes; Arranging and conducting special events for commercial, promotional or advertising purposes; Special event planning for business purposes; Special event planning for commercial, promotional or advertising purposes.